Alekznder
Short

Trade Idea #41 - $DIS - Short into FOMC and Earnings

NYSE:DIS   WALT DISNEY COMPANY (THE)
97 2 3
Yes Yes I know, Star Wars, but that's next quarter. Trade activated as indicated.

Reasons
  • 1D Overbought and Turning over
  • Dynamic support Testing
  • FOMC might scare the market.
  • Earnings upcoming could add extra banga.
Good Luck and Keep it Tight
Trade closed: stop reached
Comment: *sighs*
Comment: What a shame. Popped by 2$ and now original target hit.
Good luck with this short. I was super bearish this week, until I noticed the stock market is completely bullish delusional right now, neglecting any downside risk. Which had been growing and growing and growing. But even the Paris attack didn't bother the market (the armies of trading robots) at all.
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Alekznder ChartArt
Yeah bad 4.5% loss here. Just another blip in bull markets.
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